Did a massive Chinese power outage cause Bitcoin’s crash down to $50k?

Did a massive Chinese power outage cause Bitcoin’s crash down to $50k?


On-chain analyst Willy Woo argues a massive power outage in Chinese mining hub Xinjiang drove Bitcoin’s violent crash down to $50,000.

Posted by Cointelegraph By Samuel Haig on April 19, 2021 @ https://cointelegraph.com/news/did-a-massive-chinese-power-outage-cause-bitcoin-s-crash-down-to-50k

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